JDietrich Mateschitz has put a line through rumours Red Bull is commencing a project to build its own F1 engine.
"It's not even worth denying these rumours," the Austrian billionaire told Salzburger Nachrichten newspaper.
Actually, a clear denial might have been necessary, given the fact his deputy Dr Helmut Marko stirred up the speculation in Austria, even naming local companies like Pankl and AVL who could play major roles in the V6 project.
"AVL is not a topic," Mateschitz is quoted by the APA news agency.
"They have a very specific know-how in the area, but to put together a team of experts to design an engine is much more complex," he explained.
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